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Featured
Canadian Thanksgiving Holiday Trading Schedule 2023

Dear Trader, Please find our updated trading schedule for the Canadian Thanksgiving Holiday  on Monday October 09th, 2023.

By IC Markets

Featured
Hong Kong National Day Holiday Schedule – 2023

Dear Trader, Please find our updated Trading schedule for  Hong Kong National Holiday on Monday, 02nd October, 2023.

By IC Markets

Technical Analysis
Friday 29th September 2023: Technical Outlook and Review

The DXY chart is currently exhibiting bullish momentum, with its position above the bullish Ichimoku cloud suggesting further bullish activity. In the short term, the price may decline to the 1st support at 105.41, an overlap support reinforced by a 23.60% Fibonacci Retracement, before experiencing a bounce towards the 1st resistance at 106.76.

By IC Markets

Technical Analysis
Thursday 28th September 2023: Technical Outlook and Review

The DXY chart currently exhibits a bullish momentum, with a potential short-term drop to the 1st support at 105.83, identified as a pullback support, before potentially rising towards the 1st resistance. The 2nd support level is at 105.40, marked as an overlap support, serving as another potential floor for prices.

By IC Markets

Technical Analysis
Wednesday 27th September 2023: Technical Outlook and Review

The DXY chart currently displays bullish momentum, as the price is above the bullish Ichimoku cloud, suggesting a potential bullish continuation towards the 1st resistance.

By IC Markets

Technical Analysis
Tuesday 26th September 2023: Technical Outlook and Review

The DXY chart currently exhibits a bearish momentum. There's a possibility for a bearish reaction off the 1st resistance at 106.02, leading to a drop towards the 1st support at 105.64. This 1st support is significant due to its characterization as an overlap support and the presence of the 38.20% Fibonacci Retracement.

By IC Markets

Technical Analysis
Monday 25th September 2023: Technical Outlook and Review

DXY: The chart for DXY (US Dollar Index) currently exhibits a […]

By IC Markets

Technical Analysis
Friday 22nd September 2023: Technical Outlook and Review

The DXY (US Dollar Index) chart currently shows a bullish overall momentum, supported by several technical factors. This bullish sentiment indicates a potential scenario where the price could continue its upward movement towards the 1st resistance level.

By IC Markets

Technical Analysis
Thursday 21st September 2023: Technical Outlook and Review

The DXY (US Dollar Index) chart currently exhibits a bullish overall momentum, with several factors contributing to its upward trajectory. A significant factor in this bullish sentiment is the price's position above the bullish Ichimoku cloud, indicating the potential for further bullish movement.

By IC Markets